How did the town of Marinaleda survive the global financial crisis?

posted by Hugo Teffer | 0pt
August 08, 2017

The Andalusian town of Marinaleda was once a poor farming community, until 1971 when the radical socialist Colectivo de Unidad de los Trabajadores (Workers Unity Collective) was elected. The new government revitalized the failing economy and implemented socialist economic policies. When the global financial crisis hit Spain, the town managed to have full employment all whilst the unemployment rate of the rest of Andalusia was 30% of the active population. My question is how did this small communist town in Andalusia thrive through a crisis that crippled the economies of it's neighbors? some sources: https://www.theguardian.com/world/2013/oct/20/marinaleda-spanish-communist-village-utopia http://www.nytimes.com/2009/05/26/world/europe/26spain.html?_r=1&pagewanted=all http://www.critical-theory.com/story-marinaleda-communist-village-world/

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Richard D. Wolff is Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work